Financial Stocks At A Glance (UNM, MFA, ARCC)
Unum Group (NYSE:UNM) slid 0.17% to $22.88. The company said late Tuesday that third-quarter net income came in at $220.8 million, or 68 cents a share. That compares to net income of $221.1 million, or 66 cents a share, in the third quarter of 2009.
The company said it made $219.9 million, or 68 cents a share, in the third quarter of 2010. Unum was expected to make 68 cents a share, according to a survey of analysts by FactSet Research.
The 52-week range of the stock is $18.48-$26.42.
MFA Mortgage Investments (NYSE:MFA) jumped 1% to $8.08. This week, the company reported net income available to common stock and participating securities of $75.17 million or $0.27 per share for the third quarter, higher than last year’s $64.8 million or $0.25 per share. Net income for the quarter climbed to $77.21 million from $66.84 million in the previous year.
On average, 13 analysts polled by Thomson Reuters expected the company to report earnings of $0.22 per share for the quarter. Analysts’ estimates typically exclude special items.
Net interest income for the quarter fell to $61.95 million from $71.57 million in the previous year. Twelve analysts estimated revenues of $68.82 million for the third quarter.
Ares Capital Corporation (NASDAQ:ARCC) surged 1.23% and closed at $17.24. This week, the company posted a third-quarter net profit of $128.4 million, or 67 cents a share, compared with $63.3 million, or 62 cents a share, a year earlier.
Excluding professional fees and other costs related to the Allied acquisition in the first quarter, the company earned 38 cents a share.
Analysts were looking for a profit of 33 cents a share, excluding items, according to Thomson Reuters.